Taoping shares surge 30.84% intraday after acquiring Skyladder Group for $21.36M and setting short-term performance targets in supplemental agreement.

Tuesday, Dec 2, 2025 10:08 am ET1min read
TAOP--
Taoping surged 30.84% intraday, following its acquisition of 100% of Skyladder Group Limited for $21.36 million on November 26, 2025, and a supplementary agreement signed on November 25, 2025, setting short-term performance targets of RMB 8.16 million revenue and RMB 0.44 million net profit for December 2025 to unlock partial shares.

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